2016-05-12T18:52:50-05:00 2015-06-30 GRANT THORNTON LLP 757 THIRD AVE 4TH FLOOR NEW YORK NY 100172013 990 2014-07-01 273167963 ICS Support Organization Inc % TOM OECHLER ICSS 4145256100 10405 West St Martins Road Franklin WI 53132 JOSEPH S QUINN Secretary/Treasurer 4145256100 2016-05-12 true Scott Thompsett P00741490 2125990100 2016-05-09 2014 2016-08-17 19:52:53Z Jane Stromwall 10405 West St Martins Road Franklin WI 53132 84045699 false X N/A X 2010 WI TO PROVIDE SUPPORT TO THE INDIAN COMMUNITY SCHOOL OF MILWAUKEE, INC. 5 5 0 0 75584 71360 0 0 0 0 57643573 26389057 0 0 57643573 26389057 14042400 19164088 0 0 150000 145500 0 0 0 2356425 2320259 16548825 21629847 41094748 4759210 466754471 471603996 526646 768852 466227825 470835144 X THE ICS SUPPORT ORGANIZATION WAS CREATED TO SUPPORT AND BENEFIT THE INDIAN COMMUNITY SCHOOL OF MILWAUKEE, INC. (ICS). THE ICS SUPPORT ORGANIZATION HOLDS, INVESTS, AND MANAGES ASSETS THAT SERVE TO SUPPORT AND FUND THE CONTINUOUS OPERATION OF ICS. false false 19164088 19164088 ICS SUPPORT ORGANIZATION'S SOLE PROGRAM SERVICE ACTIVITY IS TO HOLD, INVEST AND MANAGE ASSETS THAT SERVE TO SUPPORT AND FUND THE CONTINUOUS OPERATION OF THE INDIAN COMMUNITY SCHOOL OF MILWAUKEE, INC. (ICS). ALL FUNDS GRANTED TO ICS ARE USED TO FURTHER THE ORGANIZATION'S MISSION. ICS PROVIDES CHILDREN WITH THE BEST OPPORTUNITIES TO DEVELOP SPIRITUALLY, EMOTIONALLY, PHYSICALLY, SOCIALLY, ARTISTICALLY AND INTELLECTUALLY. THE SCHOOL SERVES APPROXIMATELY 315 STUDENTS AND PROVIDES ELEMENTARY SCHOOL CLASSES AND VARIOUS CULTURAL AND EDUCATIONAL ACTIVITIES TO NATIVE AMERICAN CHILDREN AND FAMILIES. 19164088 true false false false false false false false false false false true false false true true false true false false true false false false false false false true false false false false false false false false false false false false false false false true false false false true 7 0 true 0 true true false false false false false false false false false X 5 5 false false false false false true true true true false false true true true true true false false X TOM OECHLER 4145256172 10405 WEST ST MARTINS ROAD Franklin WI 53132 X Jane Stromwall Chair 12.0 0.0 X X 28000 0 0 David JW Klauser Vice Chair 3.0 0.0 X X 28000 0 0 Joseph S Quinn Secretary/Treasurer 12.0 0.0 X X 28000 0 0 Blaine Rieke Board Member 3.0 0.0 X 28000 0 0 Thomas Bustrin Board Member 3.0 0.0 X 28000 0 0 Diane Amour Ex-Officio Board Member 3.0 25.0 X 0 41195 0 140000 41195 0 0 false false false JP Morgan Asset Management 116 Inverness Drive East ENGLEWOOD CO 80112 Investment Mgmt 1024341 Russell Investments 1301 2nd Avenue SEATTLE WA 98101 Investment Mgmt 586181 Marquette Associates Inc 180 N LaSalle St Suite 3500 CHICAGO IL 60601 Investment Mgmt 165000 Henderson Geneva Capital Management 100 E Wisconsin Ave Suite 2550 MILWAUKEE WI 53202 Investment Mgmt 149543 Wellington Trust Company NA 280 Congress Street BOSTON MA 02210 Investment Mgmt 126536 5 0 0 5932728 75584 5857144 0 0 0 0 0 78112971 57656642 20456329 20456329 20456329 0 0 0 0 26389057 75584 26313473 19164088 19164088 0 0 0 145500 145500 0 0 0 0 0 0 29089 29089 19045 19045 0 0 2126520 2126520 46706 46706 0 208 208 0 0 0 1254 1254 0 0 0 82002 82002 0 7826 7826 UNRELATED BUSINESS INC. TAX 7609 7609 21629847 19164088 2465759 0 44747 103542 8031960 42267913 0 0 0 0 0 0 0 0 0 0 0 0 19556 20573 0 147698577 118538030 310643570 297587424 0 0 0 0 316061 13086514 466754471 471603996 516659 568931 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9987 199921 526646 768852 X 466227825 470835144 0 0 0 0 466227825 470835144 466754471 471603996 4759210 -151891 X X false true X true false X X X 1 INDIAN COMMUNITY SCHOOL OF MILWAUKEE INC 391154960 2 true 19164088 0 1 19164088 true false false false false false false false false false false true false false false false true true true 11713961 0 7388617 19102578 0 2225249 0 16877329 440229338 42747 306074 440578159 0 0 440578159 6608672 433969487 15188932 0 15188932 16877329 14345730 15188932 15188932 0 15188932 19164088 0 331630 0 0 0 19495718 19164088 15188932 1.0 15188932 0 0 0 0 0 0 19495718 0 15188932 4306786 0 0 4306786 0 4306786 Supported Organization's Significant Voice Schedule A, Part IV, Section D, Line 3 The Indian Community School of Milwaukee is reserved the right to appoint both a voting member and a non-voting ex-officio member to the ICS Support Organization, Inc. Board of Directors. The Ex-Officio Board Member, who likewise sits on the supported organizations Board of Directors as a voting member, has the responsibility of ensuring that ICS Support Organization is apprised of the Schools activities and financial needs. All investment policy decisions and significant decisions relating to the use of the ICS Support Organizations income and assets are made by the ICS Support Organization Board and are documented in Board minutes. The School-appointed voting board member (the Schools director) and the ex-officio board member participate in the Board meetings and advise on these decisions and how they impact the supported organization, the Indian Community School of Milwaukee. Finally, the ICS Support Organization, Inc. and the Indian Community School of Milwaukee conduct a joint board meeting once a year. Attentiveness and Responsiveness Tests Met Schedule A, Part V, Section D, Line 8 ICS Support Organization, Inc. meets both the attentiveness and responsiveness test for the year ending June 30, 2015. Attentiveness test: In 2014, the Indian Community School of Milwaukee received in excess of 90% of its total support from the ICS Support Organization, Inc. Responsiveness test: The ICS Support Organization Inc. met both of the tests set forth in Form 990, Schedule A, Part IV, Section D, Lines 2 and 3. PRIVATE EQUITY FUNDS 66768191 F PRIVATE REAL ESTATE FUNDS 71444242 F OTHER PRIVATE EQUITY 10703877 F LOAN FUNDS 23077604 F LTD PARTNERSHIP INVESTMENTS 125593510 F 297587424 0 INTER-COMPANY PAYABLES 10 PAYABLE - INV. SECURITIES PURCHASED 199911 199921 X 24110646 -151891 -151891 24262537 2126520 2126520 26389057 19503327 19503327 2126520 2126520 21629847 Organization's Liability for Uncertain Tax Positions Under ASC 740 Form 990, Schedule D, Part X, Line 2 THE ICS SUPPORT ORGANIZATION (SO) IS INCLUDED WITHIN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF THE INDIAN COMMUNITY SCHOOL OF MILWAUKEE,INC. (ICS). BELOW IS THE FIN 48 FOOTNOTE AS PRODUCED IN THOSE CONSOLIDATED AUDITED FINANCIAL statements. ICS and the SO follow accounting Standards Codification (ASC) 740, Income Taxes, which clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This guidance provides that the tax effects from an uncertain tax position can only be recognized in the financial statements if the position is more-likely-than-not to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. ICS and the SO are exempt from federal income tax under IRC section 501(c)(3), though they are subject to tax on income unrelated to their exempt purpose, unless that income is otherwise excluded by the Code. ICS and the SO have processes in place to ensure the maintenance of their tax-exempt status, to identify and report unrelated income, to determine their filing and tax obligations in jurisdictions for which they have nexus, and to identify and evaluate other matters that may be considered tax positions. The tax years ending June 30, 2012, 2013, 2014, and 2015 are still open to audit for both federal and state purposes. ICS and the SO have determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. Reconciliation of Revenue and Expenses per Audited Financial Statements Form 990, Schedule D, Parts XI & XII The ICS Support Organization's financial statements are consolidated with those of the Indian Community School of Milwaukee, Inc. The parts XI and XII reconciliation on Schedule D agrees to the Support Organization's financial information contained in the supplemental information to the consolidated audited financial statements. Europe (Including Iceland and Greenland) Investments 6548511 6548511 6548511 true false true true true false Foreign Forms Form 990, Schedule F, Part IV ICS Support Organization invests in domestic and foreign limited partnerships that may own an interest in a foreign corporation, passive foreign investment company, or foreign partnership. Nevertheless, the organization's investment activities may not reach the thresholds required for filing the forms 926, 5471, 8621, or 8865. To the extent that the organization is required to complete one of these foreign forms, it has been filed with the organization's annual form 990-T. true Indian Community School of Milwaukee Inc 10405 W St Martins Road Franklin WI 53132 391154960 501(c)(3) 19164088 Fund all operations of the school 1 PROCEDURE FOR MONITORING USE OF GRANTS INSIDE U.S. Form 990, Schedule I, Part I, Line 2 ICS Support Organization works closely with the Indian Community School of Milwaukee, Inc. (ICS) To understand the needs of the organization. ICS regularly provides school financial information to the Support Organization. The Support Organization board periodically is presented with informational updates on ICS operations from the Support Organization's ex-officio director, who also serves as an ICS director. The Support Organization and ICS conduct joint board meetings at least once a year. Also, the Support Organization board is annually provided with a copy of ICS's Form 990 and audit report. MEMBERS OR STOCKHOLDERS WHO MAY ELECT Form 990, Part VI, Line 7a The Indian Community School of Milwaukee, Inc. shall appoint one voting and one non-voting (ex-officio) member to serve on the ICS Support Organization's Board of Directors. DECISIONS SUBJECT TO APPROVAL Form 990, Part VI, Line 7b Certain actions of the Board, including amending the articles of incorporation and/or bylaws, dissolving or merging the ICS Support Organization, require a two-thirds majority of the voting directors, including the consent of the voting Board director appointed by the Indian Community School of Milwaukee, inc. FORM 990 REVIEW PROCESS Form 990, Part VI, Line 11b The Organization's Form 990 (including required schedules) is provided to each board member in draft form for review at a board meeting, with a final version distributed to each board member prior to filing. CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT Form 990, Part VI, Line 12c The organization's Conflict of Interest Policy requires each individual to review the policy and complete a disclosure statement on an annual basis. In addition, each individual is required throughout the year to make disclosures before the board considers a matter in which the individual may have a conflict of interest. Following an individual's disclosure of an actual or potential conflict of interest, the Board of Directors shall determine whether a conflict of interest exists and, if so, shall determine the proper course of action to address the conflict of interest. The proper course of action generally shall include abstention from any future vote on the matter by the individual with the conflict. Additionally, the individual will provide any information requested by the Board of Directors with respect to the conflict of interest, may be asked to leave the room during any future discussions and votes of the matter and shall abstain from any vote. Discovery of potential and actual conflicts after a transaction has occurred will be reported to the Board of Directors to determine the proper manner in which to address any potential or actual conflict. PROCESS FOR DETERMINING COMPENSATION Form 990, Part VI, Lines 15a & 15b The ICS Support Organization Board of directors, through an independent consultant, conducted an analysis of market data to determine board of director compensation. The ICS Support Organization engaged a qualified compensation consultant to analyze market compensation data for similar organizations and provide a report on the reasonabless of ICS Support Organization compensation of Board members. the resulting report was reviewed by outside counsel and reviewed/approved by the board at a duly called board meeting. How Organization Makes Documents Available to the Public Form 990, Part VI, Line 19 The organization makes its Form 990, 990-T, and Form 1023 available to the public by retaining a copy of each at its place of business. The financial statements, governing documents and conflict of interest policy are all available upon request and at management's discretion. Ex Officio Board Member Compensation Allocation Form 990, Part VII EX OFFICIO BOARD MEMBER, DIANE AMOUR, RECEIVED $41,195 IN COMPENSATION FROM THE INDIAN COMMUNNITY SCHOOL of Milwaukee, Inc. (ICS) FOR SERVICES RENDERED AS A BOARD OF DIRECTORS MEMBER OF ICS AND THE ICS SUPPORT ORGANIZATION. THE ALLOCATION OF BOARD FEES IS AS FOLLOWS: $37,195 FOR SERVICES RENDERED TO ICS. $4,000 FOR SERVICES RENDERED TO ICS SUPPORT ORGANIZATION. Oversight Process of Audit Form 990, Part XII, Line 2C THE ICS SUPPORT ORGANIZATION'S FINANCIAL ACTIVITIES ARE REPORTED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF ITS supported ORGANIZATION, THE INDIAN COMMUNITY SCHOOL OF MILWAUKEE, INC (ICS). ICS HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. Indian Community School of Milwaukee 10405 W St Martins Road Franklin WI 53132 391154960 Education WI 501(C)(3) 02 NA false false true false true false false false false false false false false true true false true false false false Indian Community School of Milwaukee Inc B 19164088 Cost Indian Community School of Milwaukee Inc D 63604111 Cost Indian Community School of Milwaukee Inc M 73133 Cost Indian Community School of Milwaukee Inc N 8869 Cost Indian Community School of Milwaukee Inc P 97024 Cost